{"id":127315,"date":"2026-05-28T20:25:20","date_gmt":"2026-05-28T19:25:20","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=127315"},"modified":"2026-05-28T20:25:20","modified_gmt":"2026-05-28T19:25:20","slug":"brazzaville-nigeria-afdb-sign-aviation-transformation-deal","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/brazzaville-nigeria-afdb-sign-aviation-transformation-deal\/","title":{"rendered":"\u200eBrazzaville: Nigeria, AfDB Sign Aviation Transformation Deal"},"content":{"rendered":"<div id=\"m#msg-f:1866454260645195326\" class=\"mail-message expanded\">\n<div id=\"m#msg-f:1866454260645195326-header\" class=\"mail-message-header spacer\" style=\"text-align: justify;\">By Godswill Michael<\/div>\n<div id=\"m#msg-f:1866454260645195326-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eNigeria and the African Development Bank (AfDB) have signed a Letter of Intent (LOI) aimed at advancing aviation transformation initiatives across the country and the African continent.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe agreement was signed on Thursday in Brazzaville, Congo, during a high-level dialogue session involving the President and Governors of the AfDB, attended by Nigeria\u2019s Minister of Aviation and Aerospace Development, Festus Keyamo, SAN.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eKeyamo, who recently emerged as the African Champion of the Integrated Aviation Transformation Programme (IATP) of the AfDB, used the occasion to present the opportunities embedded in the Bank\u2019s proposed $7 billion aviation programme for Africa, with particular emphasis on Nigeria\u2019s aviation sector.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eAccording to a statement issued by the Minister\u2019s Special Adviser on Media and Communications, Tunde Moshood, Keyamo outlined President Bola Tinubu\u2019s Renewed Hope Agenda for the aviation industry and highlighted ongoing reforms designed to attract investment and improve sectoral competitiveness.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cThe Minister unveiled President Bola Ahmed Tinubu\u2019s Renewed Hope Agenda for the Aviation sector and rolled out the potentials of the sector, especially the newly approved Nigeria Aircraft Leasing Company and why the Bank should mobilise capital to support it,\u201d the statement said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eKeyamo noted that the proposed aircraft leasing company could serve as a model for other African countries seeking to strengthen their aviation industries.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe told the AfDB leadership that Nigeria had already undertaken critical reforms to support the initiative, including the domestication of the Cape Town Convention, updates to the Irrevocable Deregistration and Export Request Authorisation (IDERA), and a review of aviation insurance policies to align with international standards.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eAccording to the statement, the President of the AfDB expressed satisfaction with Nigeria\u2019s presentation and pledged support for the successful implementation of the Integrated Aviation Transformation Programme in Africa, particularly in Nigeria.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cAfter the session, the Minister unveiled the Country Compact for Nigeria\u2019s Aviation sector and proceeded to a signing ceremony of a Letter of Intent between the Bank and the Federal Republic of Nigeria, where both sides committed to work assiduously to operationalise the Bank\u2019s laudable programme for aviation in Africa,\u201d the statement added.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe Integrated Aviation Transformation Programme is an AfDB-backed initiative targeted at improving aviation infrastructure, connectivity, financing and operational standards across African countries.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Godswill Michael \u200e \u200eNigeria and the African 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